Mercy Transitional Care Services
- Assets
- $2.7m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 56
- Location
- Baltimore, MD
- Founding
- 08/1997
- Data as of
- 06/2023
- EIN
- 52-1968440
Organization Overview
Mercy Transitional Care Services is located in Baltimore, MD. The organization was established in 1997. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2023, Mercy Transitional Care Services employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Transitional Care Services is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Mercy Transitional Care Services generated $3.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.5m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRANSITIONAL CARE PROVIDES COMPREHENSIVE NURSING AND REHABILITATION SERVICES FOR PATIENTS AFTER, OR IN PLACE OF, A HOSPITAL STAY. CARE IS RENDERED TO INDIVIDUALS REQUIRING CLINICAL ASSESSMENT OR TECHNICALLY COMPLEX TREATMENT FOR A LIMITED PERIOD OF TIME. 96.5% OF TCS ADMISSIONS ARE ADMITTED DIRECTLY FROM MERCY MEDICAL CENTER ACUTE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SKILLED NURSING CARE TO SUBACUTE PATIENTS. ADMISSIONS 516, PATIENT DAYS 7,246, LENGTH OF STAY 13.69, AVERAGE DAILY CENSUS 19.85, LICENSED BEDS 32. TCS SERVES THE SAME POPULATION OF BALTIMORE AS MERCY MEDICAL CENTER. HOWEVER, TCS IS PRIMARILY SUPPORTING THE PATIENTS OF MERCY'S ORTHOPEDIC SERVICE BY PROVIDING POST ACUTE CARE TO ANY PATIENT IN NEED OF SERVICES FOLLOWING SURGERY AND ACUTE STAY. THE TCS ALLOWS PHYSICIANS TO FOLLOW THEIR PATIENTS AND PROVIDE CONTINUITY OF CARE FOR THE PATIENT WHO NO LONGER REQUIRES ACUTE CARE. 99.0% OF TCS ADMISSIONS ARE ADMITTED DIRECTLY FROM MERCY MEDICAL CENTER ACUTE CARE. THE TCS ADMITS UNINSURED AND HOMELESS PATIENTS UPON DISCHARGE FROM AN ACUTE HOSPITAL STAY, THEREBY PROVIDING NEEDED CONSISTENT NURSING AND REHABILITATION CARE TO REDUCE READMISSIONS THROUGH THE ER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Chase Director | Trustee | 40 | $144,735 |
Andrea Limpuangthip MD Director | Trustee | 0.5 | $0 |
Jennifer Schwarzmann Director | Trustee | 0.5 | $0 |
David N Maine MD President/ceo (ex Officio) | OfficerTrustee | 0.5 | $0 |
Susan D Finlayson Secretary | OfficerTrustee | 2 | $0 |
Stephen Stinnette Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Towson Rehabilitation Center Llc Rehab Services | 6/29/15 | $373,243 |
Rehabcare Group East Inc Dba Rehabcare Rehab Services | 6/29/15 | $192,235 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,758,412 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,758,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,802,065 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $672,769 |
| Payroll taxes | $0 |
| Fees for services: Management | $5,004 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $513,237 |
| Advertising and promotion | $0 |
| Office expenses | $39,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,918 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,536,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,040,392 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | -$49 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,676,167 |
| Total assets | $2,716,510 |
| Accounts payable and accrued expenses | $196,168 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $196,168 |
| Net assets without donor restrictions | $2,520,342 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,716,510 |